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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)
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To: joe joe who wrote (319)6/28/1998 10:26:00 AM
From: James Marks  Read Replies (1) of 1020
 
I went to a private dinner the other evening and had a chance to visit with some fund managers ,managed 60billion,and the one thing I heard over and over in this.The secret to making money in stocks is to find value and not get scared out of your position because of market swings. They showed stats on how in spite of down turns in the price of stocks that you always come out ahead by riding out the down trends rather than trying to guess highs and lows. He was speaking to people whose accounts in the market were all over 1million,I was a guest! Another quote I loved was"If there was no risk we would not make the type of returns we want". This company clck with the revenue it is producing and the growth rate we are seeing is one of those stocks that from the fundamentals is very under valued and worth riding out the bad days!A recent issue of Time April 27 had a feature story about the FUTURE OF MONEY .It really was talking about big bank mergers but here are a few quotes that I thought you all might be interested in." The fundamental idea driving this revolution is that technology and finance have become one in the same." " The distinction between software and money is disappearing." " Electronic cash takes that relatively simple transaction.. and makes it into a much more intelligent more intelligent process." "Banks tend to view technology as a profit center." It was about a ten page long article but it just proved that the business CLCK is in is one of the fastest areas of the new banking revolution. If we will just be patient and wait for others to discover this gem we should all be greatly rewarded for our risk! Jim
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